Morgan Stanley recommends Apple use cash for share buybacks, dividends

Investment bank Morgan Stanley took the position on Monday that Apple is "more likely than ever" to return some of its $76 billion in cash to shareholders and recommended either share buybacks or dividends as the most favorable options.

Josh Ong 14 years ago 126

Wall Street expects smooth transition from Steve Jobs to Tim Cook

Responding to the news that Steve Jobs is stepping down as Apple CEO, Wall Street analysts affirmed the company's position, predicting a relatively uneventful transition for the company and calling Tim Cook "the ideal candidate" for the role.

Josh Ong 14 years ago 15

Wall Street doesn't expect Google-Motorola deal to affect Apple

While the move may be good for the parties directly involved, Google's purchase of Motorola is not expected to have a major effect on Apple, Wall Street analysts have said.

Neil Hughes 14 years ago 33

Apple to begin assembling iPhone 5 'in mid to late August'

Apple will begin production of fifth-generation iPhones in August ahead of a projected late third quarter launch, according to intelligence obtained by one investment banker's recent trip to Taiwan.

Josh Ong 14 years ago 27

Apple execs focused on software-driven iPhone product cycle, says analyst

Fresh off a meeting with senior executives at Apple, Morgan Stanley analyst Katy Huberty said the company sees product cycles as being driven by software rather than hardware and is expected to announce major software updates at the Worldwide Developers Conference in June.

Josh Ong 15 years ago 32

Fears of iPad cannibalization drive PC estimates downward

Slowing shipments of PCs have prompted some analysts to revise their 2011 PC shipment estimates downward over concerns that Apple's iPad is eating into sales of PCs.

Josh Ong 15 years ago 33

Apple makes record $11B in purchase commitments, earns its highest margins in Asia

Apple's 10-Q form filing with the U.S. Securities and Exchange Commission has revealed the largest sequential increase in purchase commitments for a March quarter to $11 billion, as iPad 2 production ramps up.

Sam Oliver 15 years ago 14

Wall Street: Apple is "magical growth story" in tech, defies gravity

Wall Street was impressed with Apple's record earnings for the second quarter of fiscal 2011 on Wednesday, as one analyst calling the company a "magical growth story" and several firms raised their revenue estimates for future quarters.

Josh Ong 15 years ago 39

Apple reportedly working on 'Smart TV' prototype in bid for living room

According to one analyst's checks with Apple's Asian suppliers, the company is in the process of building a 'Smart TV' prototype as part of an ongoing effort to assert a stronger presence in consumers' living rooms.

Josh Ong 15 years ago 131

Wall Street impressed by 'evolutionary' improvement in Apple's iPad 2

Wall Street analysts reacted positively to Apple's unveiling of the iPad 2 on Wednesday and remained optimistic about the company's continued ability to lead the tablet market, though they viewed the refresh as mostly "evolutionary."

Josh Ong 15 years ago 47

Apple's secret $3.9B investment could buy 136M iPhone, 60M iPad displays

The most likely use of Apple's secret $3.9 billion long-term supply investment is for tens of millions of displays for the iPhones and iPads the company plans to sell in the near future, one Wall Street analyst believes.

Neil Hughes 15 years ago 51

Apple's 'stunning' first quarter exceeds Wall Street's lofty expectations

Apple's earnings for the first quarter of 2011 crushed analyst expectations on Wall Street, who heaped praise on the company for beating estimates by $2 billion.

Neil Hughes 15 years ago 55

Analyst sees CDMA iPhone coming to China Telecom, India's Reliance

One Wall Street analyst said Tuesday that global CDMA carriers, including China Telecom and Indian carrier Reliance, are expected to begin carrying the new CDMA iPhone 4 "over time."

Josh Ong 15 years ago 21

Morgan Stanley: Apple stock no longer a 'Best Idea,' but still recommended

Though it still recommends the stock to investors, Morgan Stanley this week removed Apple from its "Best Ideas" list, citing the company's outperformance of the market over the last six months.

Neil Hughes 15 years ago 31

China offers Apple vast new growth potential

Morgan Stanley analyst Katy Huberty described China as an "unappreciated" potential growth driver for Apple, setting a $375 "base case" target for the company's stock and a "bull case" scenario where Apple shares could reach $500 by next fall.

Daniel Eran Dilger 15 years ago 20

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